Org.nr 918 020 349 2018 → 2019 Year-over-year analysis

AITOS GASIFICATION TECHNOLOGY AS: årsregnskap 2019 vs 2018

Shrank 63% on revenue

approved 2020-08-13; registry 2020-08-29; journal 2020 707595

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AITOS GASIFICATION TECHNOLOGY AS. Revenue 156.0k NOK → 57.5k NOK (-63.1%). Equity -233.8k NOK → -229.6k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AITOS GASIFICATION TECHNOLOGY AS.

Scorecard

Revenue
156.0k NOK 57.5k NOK
-63.1%
Operating result
n/m +5 464 NOK
—
Net result
n/m +4 262 NOK
—
Equity
-233.8k NOK -229.6k NOK
+1.8%
Cash
148.8k NOK 156.1k NOK
+4.9%
Total assets
225.9k NOK 229.4k NOK
+1.6%

What improved

  • ↑

    Equity strengthened

    Book equity -233.8k NOK → -229.6k NOK (equity ratio -103.5% → -100.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 148.8k NOK → 156.1k NOK (+4.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 156.0k NOK to 57.5k NOK (-63.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 141.2k NOK → 11.8k NOK (-91.7% YoY). Calculated